Archive: May 2013

A Georgian investor who plans an upmarket Georgian concept has acquired Tempo Restaurant & Bar at 54-55 Curzon Street in Mayfair, W1. The Georgian investor paid a substantial premium to acquire the 20-year lease which runs from January 2005. The rent is £90,000 per year for the 60-cover restaurant and 25-cover bar. Tempo consists of 787 sq ft on the ground floor, 799 sq ft… Read more

Restaurant operator Richoux Group is to open a new Zippers restaurant in Port Solent. The American restaurant, bar and grill, which is set to open in August will be the second Zippers restaurant. The first, located at Chatham, Kent, has been open for three years. Commenting on the brand expansion, Richoux managing director Ed Standring said: “We spotted an opportunity in the market now to… Read more

Leela Group, the operator of luxury hotels in India, is understood to have acquired Serafinos in Mayfair for a significant premium with plans to open a modern European concept at the site. The group, which operates eight luxury hotels across India, is though t to have invested around £2m in acquiring the restaurant. It currently operates the Le Cirque European restaurant at its New Delhi… Read more

Karam Sethi, founder and chef patron of Michelin-starred Trishna London, has revealed plans to open his second London venture in Mayfair this summer. Gymkhana, inspired by the Colonial Indian social and sports clubs of the same name, will open in a two floor site at 42 Albemarle Street in late July or early August. The space, which was previously home to 2,865 sq ft Korean… Read more

Sharpley, who has over 30 years’ experience in the sector, has previously chaired the body which provides specialist advice on restaurants and licensed leisure property. Jason Grant, outgoing chairman of the RPAS, said: “I very much enjoyed my tenure as chairman. It’s been a fantastic year with four great dinners and a special 20th anniversary of the RPAS event held at Davis Coffer Lyons. There… Read more

Three former Arbutus Group employees have teamed up to launch Picture, modern European restaurant situated opposite the BBC’s Broadcasting House on Great Portland Street. Picture’s manager Tom Slegg says naming the restaurant was ‘the hardest decision we had’ Opening in the beginning of June, the 65-cover restaurant is the first solo project for chefs Alan Christie and Colin Kelly – who headed up the Michelin-starred… Read more

Supperclub London founder Mark Cutler has secured a second site in London for his New York-inspired restaurant and bar brand, Honky Tonk. Cutler, which is believed to have backing from a number of investors for the rollout of the brand, has taken an assignment of a 25-year lease on the 2,000sq ft The Underdog Bar in Clapham Common Southside, on a rent of £100k per… Read more

Hammerson has signed restaurant brands Prezzo and Frankie & Benny’s for its 65,000 sq ft redevelopment of Manor Walks shopping centre in Cramlington, which opens later this summer. The arrival of a 3,500 sq ft Prezzo at Manor Walks will see the national chain open its first restaurant in the North East of England and the new 4,000 sq ft Frankie & Benny’s, which includes… Read more

The newest edition to the ever growing Iberica group, La Terraza, is a welcome edition to to Canary Wharf’s Cabot Square – just in time for summer! This authentic feeling terrace allows diners to experience the pleasure of Spain with an exceptional menu from exceutive chef Nacho Manzano in the centre of Canary Wharf. Jason Grant, acquiring agent for Iberica, says,’I had to pinch myself!… Read more